Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Skypeople Fruit Juice Inc. (SPU), Lands’ End Inc. (LE) & Others: Why These Losers Are Dragging Down the Market

The markets continue to trade down in anticipation of the upcoming OPEC meeting. Another important factor affecting the markets today is the upcoming first presidential debate, which will be held tonight. The market is also being pulled down by several stocks showing strong downward movements.

Among those major losers are Skypeople Fruit Juice Inc. (NASDAQ:SPU), Lands’ End Inc. (NASDAQ:LE), Acorda Therapeutics Inc (NASDAQ:ACOR), Acacia Communications Inc. (NASDAQ:ACIA), and Himax Technologies Inc. (ADR) (NASDAQ:HIMX). In this article, we’ll look at the news which has set these stocks on a course of serious tumbling, while seeing what hedge funds thought of them during the most recent quarter.

By analyzing the equity portfolios of 750+ top investors, we can see what stocks they are collectively bullish on and use this data to compile a portfolio that can outperform the market. We have determined through this process that the best strategy is to follow the 15 most popular small-cap picks among hedge funds, which have delivered an alpha of around 81 basis points per month in our backtests covering the period between 1999 and 2012 (see more details).

drilling, oil, sunset, oilfield, tool, donkey, power, business, pipeline, income, orange, black, technology, equipment, energy, gas, pumping unit, mineral, barrel, platform, oil


Skypeople Fruit Juice Inc. (NASDAQ:SPU) resumed trading on the Nasdaq today, and it’s been anything but a triumphant return for the equity, as the stock has plunged by 15.80%. Trading of Skypeople Fruit Juice  was halted on September 20 until the company provided “additional information requested” by Nasdaq. A few days later, the company announced that it was changing independent auditors. Despite today’s slide, shares of the beverage company are up by 52% this year. Among the funds that we track, just two were long Skypeople Fruit Juice on June 30, owning $670,000 of the company’s stock.

Follow Future Fintech Group Inc. (NASDAQ:FTFT)
Trade (NASDAQ:FTFT) Now!

Lands’ End Inc. (NASDAQ:LE) shares have been battered to the tune of 14% losses on the news of the company’s CEO resigning. Frederica Marchionni left her post after less than two years on the job, with the company giving no reason for the resignation. Lands’ End has posted lagging sales and profit for several quarters. Marchionni, who was recruited from Dolce & Gabbana to lead Lands’ End, said in a statement that “The Board of Directors and I have agreed it is time for others to bring Lands’ End into the future.” The number of funds in our database long Lands’ End Inc. (NASDAQ:LE) stood at ten as of June 30, with their holdings valued at $166 million and representing 31.70% of the company’s outstanding stock.

Follow Lands' End Inc. (NASDAQ:LE)
Trade (NASDAQ:LE) Now!

We’ll check out three more stocks that are making their shareholders very unhappy today on the next page.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.